It’s been a mediocre week for Canopy Growth Corporation (TSE:WEED) shareholders, with the stock dropping 18% to CA$5.10 in the week since its latest third-quarter results. Revenues of CA$90m crushed expectations, although expenses also blew out, with the company reporting a statutory loss per share of CA$2.62, 424% bigger than analysts expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Check out our latest analysis for Canopy Growth
Taking into account the latest results, the current consensus, from the nine analysts covering Canopy Growth, is for revenues of CA$299.4m in 2025. This implies an…
